Nykredit A S bought a new stake in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST – Free Report) during the 2nd quarter, Holdings Channel reports. The firm bought 77,095 shares of the company’s stock, valued at approximately $1,828,000.
Several other hedge funds have also bought and sold shares of the stock. Zions Bancorporation National Association UT increased its position in Host Hotels & Resorts by 89.1% in the fourth quarter. Zions Bancorporation National Association UT now owns 1,658 shares of the company’s stock worth $29,000 after buying an additional 781 shares in the last quarter. CYBER HORNET ETFs LLC bought a new position in shares of Host Hotels & Resorts in the second quarter worth about $29,000. SJS Investment Consulting Inc. lifted its position in shares of Host Hotels & Resorts by 64.7% during the 1st quarter. SJS Investment Consulting Inc. now owns 1,632 shares of the company’s stock valued at $31,000 after buying an additional 641 shares in the last quarter. MUFG Securities EMEA plc purchased a new position in shares of Host Hotels & Resorts during the 2nd quarter valued at about $32,000. Finally, Cedar Mountain Advisors LLC bought a new position in shares of Host Hotels & Resorts during the 1st quarter valued at approximately $35,000. Institutional investors own 98.52% of the company’s stock.
Host Hotels & Resorts Stock Performance
NASDAQ HST opened at $22.05 on Tuesday. The firm has a market cap of $15.11 billion, a price-to-earnings ratio of 14.70, a price-to-earnings-growth ratio of 2.49 and a beta of 1.07. The company has a quick ratio of 2.96, a current ratio of 2.96 and a debt-to-equity ratio of 0.80. The business has a 50-day moving average price of $23.41 and a 200-day moving average price of $22.09. Host Hotels & Resorts, Inc. has a twelve month low of $15.61 and a twelve month high of $25.71.
Insider Transactions at Host Hotels & Resorts
In other Host Hotels & Resorts news, EVP Nathan Tyrrell sold 63,882 shares of the stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $23.13, for a total transaction of $1,477,590.66. Following the completion of the sale, the executive vice president directly owned 618,207 shares of the company’s stock, valued at $14,299,127.91. This trade represents a 9.37% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 1.50% of the stock is currently owned by company insiders.
Analyst Upgrades and Downgrades
HST has been the subject of several analyst reports. Weiss Ratings raised shares of Host Hotels & Resorts from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, August 14th. Citigroup lifted their price target on shares of Host Hotels & Resorts from $22.00 to $24.00 and gave the company a “buy” rating in a report on Tuesday, May 12th. BMO Capital Markets reiterated an “outperform” rating and issued a $27.00 price target on shares of Host Hotels & Resorts in a research report on Friday, June 12th. Truist Financial increased their price objective on shares of Host Hotels & Resorts from $23.00 to $24.00 and gave the stock a “buy” rating in a research note on Tuesday, May 26th. Finally, LADENBURG THALM/SH SH raised their price objective on shares of Host Hotels & Resorts from $25.00 to $28.00 and gave the company a “buy” rating in a research report on Wednesday, June 10th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $24.33.
Check Out Our Latest Stock Analysis on HST
Host Hotels & Resorts Company Profile
Host Hotels & Resorts, Inc is a real estate investment trust (REIT) focused on owning and managing premium lodging properties. The company’s portfolio predominantly comprises luxury and upper-upscale hotels and resorts operated under leading global brands. Through strategic acquisitions, dispositions and capital investments, Host Hotels & Resorts seeks to enhance long-term value by aligning property-level operating performance with broader market trends in hospitality demand.
The company’s holdings span major urban, resort and conference destinations across North America, Europe and the Asia-Pacific region.
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